Growing Old and Staying Young: Population Policy in an Ageing Closed Economy
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Publication date
2004-11
Authors
van Groezen, Bas
Meijdam, L.
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Document Type
Working paper
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Abstract
This paper analyses the relation between public pensions, fertility and child care in a closed economy OLG-model with endogenous fertility. It it shown that it is optimal to introduce child allowances if the government redistributes income from the young to the old, and rises when longevity increases.
Keywords
ageing, child allowances, closed economy, endogenous fertility, overlapping generations, pensions, social security
Citation
van Groezen, B & Meijdam, L 2004 'Growing Old and Staying Young: Population Policy in an Ageing Closed Economy' Discussion Paper Series / Tjalling C. Koopmans Research Institute , no. 28, vol. 04, UU USE Tjalling C. Koopmans Research Institute, Utrecht.